WBS - Webster Financial Corp Stock Price, Fair Value and News

46.66USD+0.32 (+0.69%)Delayed

Market Summary

USD46.66+0.32

Delayed

0.69%

WBS Alerts

2 major insider sales recently.

WBS Stock Price

View Fullscreen

WBS RSI Chart

WBS Valuation

Market Cap

8.0B

Price/Earnings (Trailing)

9.27

Price/Sales (Trailing)

2.13

EV/EBITDA

2.13

Price/Free Cashflow

8.22

WBS Price/Sales (Trailing)

WBS Profitability

EBT Margin

28.90%

Return on Equity

9.87%

Return on Assets

1.13%

Free Cashflow Yield

12.16%

WBS Fundamentals

WBS Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

14.55%

Rev. Growth (Qtr)

WBS Earnings

Earnings (TTM)

863.2M

Earnings Growth (Yr)

-2.12%

Earnings Growth (Qtr)

16.68%

Breaking Down WBS Revenue

Last 7 days

1.7%

Last 30 days

2.8%

Last 90 days

-1.3%

Trailing 12 Months

28.3%

How does WBS drawdown profile look like?

WBS Financial Health

Debt/Equity

0.1

Debt/Cashflow

1.1

WBS Investor Care

Dividend Yield

3.43%

Dividend/Share (TTM)

1.6

Buy Backs (1Y)

1.86%

Diluted EPS (TTM)

4.89

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	3.7B	0	0	0
2023	2.7B	3.1B	3.4B	3.6B
2022	1.1B	1.4B	1.8B	2.3B
2021	963.2M	942.4M	942.9M	942.8M
2020	1.1B	1.1B	1.0B	1.0B
2019	1.1B	1.1B	1.2B	1.2B
2018	939.8M	973.5M	1.0B	1.1B
2017	839.3M	863.6M	888.9M	913.6M
2016	779.5M	794.9M	808.6M	821.9M
2015	724.1M	733.5M	745.6M	760.0M
2014	695.3M	702.7M	710.9M	718.9M
2013	689.5M	684.9M	684.5M	687.6M
2012	697.6M	696.2M	693.8M	693.5M
2011	706.7M	704.0M	701.6M	699.7M
2010	732.5M	724.1M	716.2M	708.6M
2009	0	828.2M	787.2M	746.1M
2008	0	0	0	869.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Webster Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	whiston william e.	sold	-185,120	46.28	-4,000	-
May 06, 2024	krynick benjamin l.	sold (taxes)	-11,858	44.92	-264	head of bank operations
May 06, 2024	motl christopher j	sold (taxes)	-186,688	44.92	-4,156	president of comm. banking
May 06, 2024	wilkins charles l	sold (taxes)	-133,772	44.92	-2,978	head of hsa bank
May 06, 2024	ciulla john r	sold (taxes)	-598,784	44.92	-13,330	president and ceo
May 06, 2024	nafde vikram a.	sold (taxes)	-43,617	44.92	-971	chief information officer
May 06, 2024	soto jason a.	sold (taxes)	-40,517	44.92	-902	chief credit officer
May 06, 2024	wang albert jen-wen	sold (taxes)	-27,131	44.92	-604	chief accounting officer
May 06, 2024	macinnes glenn i	sold (taxes)	-195,851	44.92	-4,360	chief financial officer
May 06, 2024	cieslik elzbieta	sold (taxes)	-36,250	44.92	-807	evp & cao of bank

Which funds bought or sold WBS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Clear Point Advisors Inc.	unchanged	-	4.00	18,531	0.01%
May 16, 2024	Tidal Investments LLC	added	11.26	54,368	536,080	0.01%
May 16, 2024	COMERICA BANK	reduced	-2.52	-103,055	4,014,070	0.02%
May 16, 2024	EJF Capital LLC	reduced	-48.49	-2,454,090	2,608,060	1.81%
May 16, 2024	Pineridge Advisors LLC	unchanged	-	1.00	3,706	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-6.12	-568,161	8,738,430	0.01%
May 16, 2024	Colony Group, LLC	added	14.00	465,000	3,776,000	0.03%
May 16, 2024	JANE STREET GROUP, LLC	added	10.56	301,730	3,151,800	-%
May 15, 2024	CAPTRUST FINANCIAL ADVISORS	reduced	-14.17	-636,417	3,859,680	0.01%
May 15, 2024	PAR CAPITAL MANAGEMENT INC	added	6.67	1,273,000	20,308,000	0.63%

Are Funds Buying or Selling WBS?

Are funds buying WBS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WBS

No. of Funds

WBS Alerts

2 major insider sales recently.

Unveiling Webster Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	vanguard group inc	10.55%	18,123,598	SC 13G/A
Feb 13, 2024	vanguard group inc	9.78%	17,871,429	SC 13G/A
Jan 25, 2024	blackrock inc.	8.4%	15,387,792	SC 13G/A
Apr 06, 2023	blackrock inc.	10.0%	17,498,723	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	3.5%	6,157,045	SC 13G/A
Feb 13, 2023	capital international investors	4.9%	8,499,861	SC 13G/A
Feb 09, 2023	vanguard group inc	10.25%	17,831,254	SC 13G/A
Jan 24, 2023	blackrock inc.	9.8%	17,135,995	SC 13G/A
Feb 11, 2022	capital international investors	8.8%	7,941,067	SC 13G
Feb 10, 2022	price t rowe associates inc /md/	10.4%	9,434,690	SC 13G/A

Recent SEC filings of Webster Financial Corp

View All Filings

Date Filed	Form Type	Document
May 10, 2024	10-Q	Quarterly Report
May 10, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading

Peers (Alternatives to Webster Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Webster Financial Corp News

Latest updates

Webster Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.0%	952	933	931	933	831	744	618	514	410	236	240	232	236	236	239	252	274	282	294	292	286
EBITDA Margin	-4.1%	0.92*	0.96*	1.05*	1.15*	1.28*	1.28*	1.33*	1.32*	1.31*	1.56*	1.48*	1.43*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.6%	568	571	587	584	595	602	551	487	394	227	230	221	224	217	219	224	231	231	241	242	242
Income Taxes	91.4%	69.00	36.00	52.00	63.00	66.00	68.00	64.00	55.00	-33.60	31.00	30.00	34.00	30.00	15.00	18.00	15.00	11.00	26.00	25.00	26.00	26.00
Earnings Before Taxes	28.9%	286	222	278	298	287	313	298	237	-50.35	142	125	128	138	75.00	88.00	68.00	49.00	116	119	125	126
EBT Margin	-3.3%	0.29*	0.30*	0.34*	0.38*	0.42*	0.35*	0.35*	0.32*	0.31*	0.57*	0.50*	0.46*	-	-	-	-	-	-	-	-	-
Net Income	16.7%	216	185	226	235	221	245	234	182	-16.75	111	96.00	94.00	108	60.00	69.00	53.00	38.00	90.00	94.00	99.00	100
Net Income Margin	-3.7%	0.23*	0.24*	0.27*	0.30*	0.33*	0.28*	0.29*	0.27*	0.25*	0.43*	0.38*	0.35*	-	-	-	-	-	-	-	-	-
Free Cashflow	192.8%	239	81.00	413	240	204	265	413	418	211	219	147	81.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.6%	76,162	74,945	73,131	74,038	74,844	71,278	69,053	67,595	65,131	34,916	35,374	33,754	33,259	32,591	32,994	32,709	31,655	30,389	29,895	28,942	28,238
Cash Equivalents	-9.9%	1,545	1,716	2,173	1,361	2,434	840	613	902	793	462	2,604	1,580	1,372	263	242	303	268	258	303	217	221
Net PPE	-1.5%	423	430	432	426	431	430	435	450	490	205	210	216	221	227	251	258	268	270	279	278	280
Goodwill	9.0%	2,868	2,631	2,631	2,631	2,631	2,514	2,514	2,514	2,514	538	538	538	538	538	538	538	538	538	538	538	538
Liabilities	1.7%	67,414	66,255	64,932	65,759	66,550	63,221	61,226	59,597	56,954	31,477	31,988	30,424	29,986	29,356	29,775	29,534	28,565	27,182	26,743	25,877	25,272
Long Term Debt	-12.8%	915	1,049	1,051	1,052	1,071	1,073	1,075	1,077	1,078	563	564	565	566	568	569	570	571	540	549	538	524
Shareholder's Equity	0.7%	8,747	8,690	8,199	8,280	8,294	8,056	7,826	7,998	8,177	3,438	3,386	3,330	3,273	3,235	3,220	3,175	3,090	3,208	20.00	3,065	2,966
Retained Earnings	4.4%	3,426	3,283	3,170	3,017	2,857	2,714	2,543	2,384	2,277	2,333	2,261	2,203	2,147	2,078	2,056	2,024	2,010	2,061	2,011	1,956	1,896
Additional Paid-In Capital	-0.7%	6,139	6,180	6,165	6,151	6,138	6,173	6,161	6,149	6,129	1,109	1,105	1,101	1,105	1,110	1,106	1,104	1,101	1,113	1,115	1,114	1,113
Float	-	-	-	-	6,500	-	-	-	7,300	-	-	-	4,800	-	-	-	2,500	-	-	-	4,300	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	177.5%	244	88.00	427	249	214	275	422	424	215	224	151	84.00	229	219	121	102	-61.59	172	34.00	55.00	43.00
Share Based Compensation	-1.0%	14.00	14.00	14.00	14.00	12.00	11.00	13.00	21.00	9.00	4.00	4.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
Cashflow From Investing	24.1%	-1,347	-1,775	1,511	-308	-2,023	-1,853	-1,990	-2,586	-756	-2,066	-391	-211	265	31.00	-226	-1,046	-1,046	-606	-812	-610	-519
Cashflow From Financing	-24.2%	933	1,231	-1,126	-1,014	3,403	1,805	1,280	2,271	873	-300	1,265	336	615	-228	45.00	979	1,118	390	864	553	367
Dividend Payments	-100.0%	-	69.00	69.00	70.00	70.00	70.00	71.00	71.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	36.00	37.00	37.00	37.00	37.00	30.00
Buy Backs	5181.7%	20.00	-0.40	50.00	58.00	-	3.00	97.00	100	122	-	-	-	-	-	-	-	77.00	-	-	-	13.00

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

WBS Income Statement

2024-03-31

Condensed Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest Income:
Interest and fees on loans and leases	$ 792,045	$ 716,356
Taxable interest on investment securities	135,071	85,566
Non-taxable interest on investment securities	12,514	13,684
Loans held for sale	82	16
Total interest income	951,850	830,928
Interest Expense:
Deposits	335,971	150,204
Securities sold under agreements to repurchase and other borrowings	2,108	7,827
Federal Home Loan Bank advances	37,367	68,126
Long-term debt	8,665	9,488
Total interest expense	384,111	235,645
Net interest income	567,739	595,283
Provision (benefit) for credit losses	45,500	46,749
Net interest income after provision for credit losses	522,239	548,534
Non-interest Income:
Deposit service fees	42,589	45,436
Loan and lease related fees	19,767	23,005
Wealth and investment services	7,924	6,587
Cash surrender value of life insurance policies	5,946	6,728
(Loss) on sale of investment securities, net	(9,826)	(16,747)
Other income	32,953	5,757
Total non-interest income	99,353	70,766
Non-interest Expense:
Compensation and benefits	188,540	173,200
Occupancy	19,439	20,171
Technology and equipment	45,836	44,366
Intangible assets amortization	9,194	9,497
Marketing	4,281	3,476
Professional and outside services	12,981	32,434
Deposit insurance	24,223	12,323
Other expense	31,429	37,000
Total non-interest expense	335,923	332,467
Income before income taxes	285,669	286,833
Income tax expense	69,346	65,829
Net income	216,323	221,004
Less: Preferred stock dividends	4,163	4,163
Net income available to common stockholders	212,160	216,841
Earnings applicable to common stockholders	$ 212,160	$ 216,841
Earnings per common share:
Basic (in dollars per share)	$ 1.23	$ 1.24
Diluted (in dollars per share)	$ 1.23	$ 1.24
Other Interest and Dividend Income	$ 12,138	$ 15,306

WBS Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets:
Cash and due from banks	$ 322,041	$ 429,323
Interest-bearing deposits	1,223,187	1,286,472
Investment securities available-for-sale, at fair value	8,601,141	8,959,729
Investment securities held-to-maturity, net of allowance for credit losses of $184 and $209	7,679,891	7,074,588
Federal Home Loan Bank and Federal Reserve Bank stock	381,451	326,882
Loans held for sale ($323 and $2,610 valued under fair value option)	239,763	6,541
Loans and leases	51,098,642	50,726,052
Allowance for credit losses on loans and leases	(641,442)	(635,737)
Loans and leases, net	50,457,200	50,090,315
Deferred tax assets, net	341,292	369,212
Premises and equipment, net	423,128	429,561
Goodwill	2,868,068	2,631,465
Other intangible assets, net	382,841	203,135
Cash surrender value of life insurance policies	1,237,828	1,247,938
Accrued interest receivable and other assets	2,003,862	1,890,088
Total assets	76,161,693	74,945,249
Liabilities and stockholders’ equity:
Non-interest-bearing	10,212,509	10,732,516
Interest-bearing	50,535,234	50,051,768
Total deposits	60,747,743	60,784,284
Securities sold under agreements to repurchase and other borrowings	361,886	458,387
Federal Home Loan Bank advances	3,659,930	2,360,018
Long-term debt	914,520	1,048,820
Accrued expenses and other liabilities	1,730,116	1,603,744
Total liabilities	67,414,195	66,255,253
Stockholders’ equity:
Common stock	1,828	1,828
Paid-in capital	6,138,935	6,179,753
Retained earnings	3,425,701	3,282,530
Treasury stock, at cost—10,314,159 and 10,756,089 shares	(486,844)	(507,523)
Accumulated other comprehensive (loss), net of tax	(616,101)	(550,571)
Total stockholders’ equity	8,747,498	8,689,996
Total liabilities and stockholders’ equity	76,161,693	74,945,249
Series F Preferred Stock
Stockholders’ equity:
Preferred stock	145,037	145,037
Series G Preferred Stock
Stockholders’ equity:
Preferred stock	$ 138,942	$ 138,942

About Webster Financial Corp

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment provides commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; treasury management services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as derivative, treasury, accounts payable, accounts receivable, and trade products and services. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management to businesses and professional service firms. It also offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.

CEO	Mr. John R. Ciulla
WEBSITE	https://public.websteronline.com
INDUSTRY	Banks Diversified
EMPLOYEES	4065

Webster Financial Corp Frequently Asked Questions

What is the ticker symbol for Webster Financial Corp? What does WBS stand for in stocks?

WBS is the stock ticker symbol of Webster Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Webster Financial Corp (WBS)?

As of Fri May 17 2024, market cap of Webster Financial Corp is 8 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WBS stock?

You can check WBS's fair value in chart for subscribers.

What is the fair value of WBS stock?

You can check WBS's fair value in chart for subscribers. The fair value of Webster Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Webster Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WBS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Webster Financial Corp a good stock to buy?

The fair value guage provides a quick view whether WBS is over valued or under valued. Whether Webster Financial Corp is cheap or expensive depends on the assumptions which impact Webster Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WBS.

What is Webster Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, WBS's PE ratio (Price to Earnings) is 9.27 and Price to Sales (PS) ratio is 2.13. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WBS PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Webster Financial Corp's stock?

In the past 10 years, Webster Financial Corp has provided 0.074 (multiply by 100 for percentage) rate of return.